Pensionfund PDN Purchases New Holdings in Brixmor Property Group Inc. $BRX

Pensionfund PDN acquired a new position in shares of Brixmor Property Group Inc. (NYSE:BRX) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 90,000 shares of the real estate investment trust’s stock, valued at approximately $2,360,000. Brixmor Property Group makes up about 1.6% of Pensionfund PDN’s portfolio, making the stock its 17th largest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mather Group LLC. purchased a new position in shares of Brixmor Property Group during the third quarter valued at approximately $28,000. Quent Capital LLC purchased a new stake in shares of Brixmor Property Group in the 3rd quarter worth approximately $35,000. EverSource Wealth Advisors LLC increased its position in Brixmor Property Group by 43.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the real estate investment trust’s stock valued at $48,000 after buying an additional 557 shares in the last quarter. Avalon Trust Co bought a new position in Brixmor Property Group during the 3rd quarter valued at approximately $62,000. Finally, CIBC Private Wealth Group LLC raised its stake in Brixmor Property Group by 695.5% during the third quarter. CIBC Private Wealth Group LLC now owns 2,307 shares of the real estate investment trust’s stock valued at $64,000 after buying an additional 2,017 shares during the last quarter. Hedge funds and other institutional investors own 98.43% of the company’s stock.

Insider Activity

In other news, Director Julie Bowerman sold 8,000 shares of Brixmor Property Group stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $29.03, for a total value of $232,240.00. Following the completion of the sale, the director directly owned 18,400 shares in the company, valued at $534,152. The trade was a 30.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.91% of the stock is currently owned by insiders.

Brixmor Property Group Stock Up 0.4%

Brixmor Property Group stock opened at $28.83 on Tuesday. Brixmor Property Group Inc. has a 12 month low of $22.28 and a 12 month high of $30.70. The stock has a fifty day simple moving average of $28.49 and a two-hundred day simple moving average of $27.28. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.83. The firm has a market cap of $8.84 billion, a price-to-earnings ratio of 22.88, a PEG ratio of 2.58 and a beta of 1.05.

Brixmor Property Group (NYSE:BRX) last announced its quarterly earnings results on Monday, February 9th. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.01. Brixmor Property Group had a return on equity of 13.00% and a net margin of 28.16%.The firm had revenue of $353.75 million for the quarter, compared to the consensus estimate of $347.42 million. During the same period in the prior year, the company posted $0.53 earnings per share. The company’s quarterly revenue was up 7.7% on a year-over-year basis. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. Equities analysts predict that Brixmor Property Group Inc. will post 2.22 EPS for the current fiscal year.

Brixmor Property Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Thursday, April 2nd will be issued a dividend of $0.3075 per share. This represents a $1.23 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Thursday, April 2nd. Brixmor Property Group’s dividend payout ratio (DPR) is presently 97.62%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on BRX shares. JPMorgan Chase & Co. increased their target price on Brixmor Property Group from $30.00 to $33.00 and gave the stock an “overweight” rating in a research note on Friday, February 20th. Scotiabank lowered their price target on Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating for the company in a research report on Wednesday, January 14th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Brixmor Property Group in a research note on Monday, December 22nd. Truist Financial increased their price objective on shares of Brixmor Property Group from $29.00 to $32.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Finally, Piper Sandler lifted their target price on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Brixmor Property Group presently has an average rating of “Moderate Buy” and an average price target of $31.18.

About Brixmor Property Group

Brixmor Property Group is a publicly traded real estate investment trust (REIT) focused on the ownership, management and development of open-air shopping centers across the United States. The company acquires and leases retail properties that feature everyday, necessity-based tenants such as grocery stores, discount retailers, and service providers. Brixmor’s core strategy centers on generating stable, long-term income streams through tenant relationships and targeted property enhancements.

The company’s main business activities include proactive leasing, property upkeep and capital improvement projects designed to maximize occupancy and tenant satisfaction.